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Dec 31, 2012
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the problem is in china, in mexico, in other countries where they don't have standards. that is the crown jewel of all regulations. it is the most expensive one. and it is one that is based on the assumption that the catastrophic global warming is taking place, and it is due to man made gases. the people of this country know better. >> you know, senator, to be able to do that, it would be an outrage to most of us who understand the legislative process and we even have the ept representatives. we would just be ignoring the constitutional responsibility to get authorization. how can he do this? >> that's right. first of all, it is kind of technical, but they tried to do it through legislation for 10, 11 years. that's cap and trade we are talking about. now in order to do it through regulation you have to have what is called an endangerment finding. we had our committee and i said i have a feeling you will have an endangerment finding so you can regulate something you have tried to do through legislation. i saw her smile. frankly i like her. she gives honest answers, at lea
the problem is in china, in mexico, in other countries where they don't have standards. that is the crown jewel of all regulations. it is the most expensive one. and it is one that is based on the assumption that the catastrophic global warming is taking place, and it is due to man made gases. the people of this country know better. >> you know, senator, to be able to do that, it would be an outrage to most of us who understand the legislative process and we even have the ept...
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Dec 31, 2012
12/12
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ge can diversify by opening a plant in china. it is easy to get productivity by going overseas. small business if you talk to anybody we don't know what will happen. we do know the president wants to raise our taxes. here is where the debate is absurd. the president says let's make it $250,000. it is fairness. people at the upper end, we need to be fair. he forgets those people, there are so many small businesses that file as individuals. a small business making $250,000 a year employ 10 people at least. if you raise their taxes, they are going to layoff one of those. that could be -- you could see that stream throughout the economy. >> jim rogers who is a economic commentator has said it is inevitable we will have another recession. is he right? >> you know, i worry about people who talk about inevitability. i don't know. say we stay where we are right now, this is like a permanent recession. positive gdp growth, but let's talk about real world factors here. unemployment or lack of employment. the unemployment rate went down to 7.7% from 7.9% because the labor force is shrinkin
ge can diversify by opening a plant in china. it is easy to get productivity by going overseas. small business if you talk to anybody we don't know what will happen. we do know the president wants to raise our taxes. here is where the debate is absurd. the president says let's make it $250,000. it is fairness. people at the upper end, we need to be fair. he forgets those people, there are so many small businesses that file as individuals. a small business making $250,000 a year employ 10 people...
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Dec 31, 2012
12/12
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part of annual tradition in north even china. hundreds of people gather to honor the country's national swimming day and. they don't have a problem with the cold water but the air temperature, 18 below zero. that could be a little nippy. uma: indeed a refreshing little dip there. jon: that i would not do. uma: that you would not do. jon: not in 18 below. uma: no way. defiant new move out of the iran, test firing missiles near one of the most important passageway for the world's oil supply. what this could mean next. >>> plus a shell oil drill ship stranded at sea. how it happened and what the coast guard is doing to get it safely back to port. uma: we are following some disturbing developments out of iran. the country's navy is reportedly test firing a range of weapons including torpedoes and missiles near the strategic strait of hormuz, a vital passageway for 1/5 of the world's oil supplies. joining us to the discuss the possible ramifications, aaron david miller, a former advisor to six secretaries of state and vice president o
part of annual tradition in north even china. hundreds of people gather to honor the country's national swimming day and. they don't have a problem with the cold water but the air temperature, 18 below zero. that could be a little nippy. uma: indeed a refreshing little dip there. jon: that i would not do. uma: that you would not do. jon: not in 18 below. uma: no way. defiant new move out of the iran, test firing missiles near one of the most important passageway for the world's oil supply. what...
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Dec 31, 2012
12/12
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we're borrowing all of our money from china and other places and they can't believe it. and i can't believe it when i watch what's going on. and you could raise taxes all you want, but it's not going to be enough to solve the problem. the expenditures is really where the costs, are really where we have the big problem. as part of an overall deal, do i mind if my taxes go up? will it affect me? what i want to see is an -- they do a great job on expenditures, i guess he everybody can expect there is going to be a tax increase for a certain group of people. would i be willing to say yes to that? i think the answer is yes, if the expenditures really -- and i mean by a big margin, really go down so that this country could become balanced. we owe $17 trillion as a country. and unless something happens, there is going to be disa catastrophe the likes of which we've never seen. so the leaders have to get together and they have to make the big deal. not a stop gap. i'm watching you this morning and they talk about the little deal, the little deal, there is no little step. it's on
we're borrowing all of our money from china and other places and they can't believe it. and i can't believe it when i watch what's going on. and you could raise taxes all you want, but it's not going to be enough to solve the problem. the expenditures is really where the costs, are really where we have the big problem. as part of an overall deal, do i mind if my taxes go up? will it affect me? what i want to see is an -- they do a great job on expenditures, i guess he everybody can expect there...